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Splitit set to raise $30 million: Aus shares up 1.1% over week

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17 May 2019 – The Australian share market finished 0.6 per cent higher today after hitting a new 11 year high early in the session. Despite this, the Australian dollar continued to slide following weaker than expected employment data released yesterday. Over the week, the market managed to recover from the sell off on Tuesday and has gained 70 points or 1.1 per cent. Installment payment solutions provider Splitit (ASX:SPT) is set to raise $30 million.